other material
confidence high
sentiment neutral
materiality 0.15
Peoples Bancorp of NC shareholders elect directors, approve pay, ratify auditor
PEOPLES BANCORP OF NORTH CAROLINA INC
- All 11 director nominees elected with majority support; broker non-votes of 936,107 on each.
- Advisory say-on-pay approved: 3,458,170 for, 541,252 against, 54,032 abstentions.
- Shareholders recommended 1-year frequency for say-on-pay (2,250,730 votes for 1-year vs 1,746,781 for 3 years).
- Ratification of Forvis Mazars as independent auditor approved: 4,947,079 for, 36,329 against.